When the Fed tells banks 

No dividends and no buyback

Fed is telling us

When the printing stops or slows down

Banks will need massive amounts of reserves for loan defaults

The economy is in big trouble. if banks have a problem so does the economy

By now we have enough evidence to know this virus is not going away

By now we know the best we can hope for is better ways to help sick people with better drugs

We now know a vaccine is no closer than any time previous

We have enough evidence to know the cities, states etc will not fully re-open any time soon 

We now know people will not be allowed to work and earn money

We now know huge numbers of small business will never recover

Since small business employees a majority of jobs, we now know unemployment will remain high

We now know the only thing keeping the economy afloat is massive stimulus money

The Fed knows that massive amounts of stimulus money has consequences

We now know that if people are allowed to work the economy would benefit greatly. But we now know people will not be allowed to work in any numbers sufficient for recovery

We now know stk markets prices affect a small % of the people

Why do some still think a strong  recovery is possible any time soon

IMO a strong recovery is impossible

You need to know this and be prepared for higher cost of living, perhaps from higher local, city and state taxes. Higher Federal taxes if Biden is elected

Tell me why I am wrong

I admit I can be wrong about many things